A shared pier agreement is a legal document that defines the terms and conditions of sharing a pier located on private property. This agreement is typically between two or more property owners who share a common pier on a lake or other body of water. It is a vital document that helps to avoid conflicts and disputes between neighbors who use the pier.

A shared pier agreement covers a range of issues and should be tailored to meet the specific needs of the parties involved. It typically includes information on the use of the pier, the responsibilities of each party, and how maintenance and repair costs will be shared.

The use of the pier should be clearly defined in the agreement. This includes identifying who has the right to use the pier and when they can use it. The agreement should also specify whether parties can use the pier for recreational activities such as swimming or fishing.

Responsibilities of each party should be outlined in the agreement. This includes maintaining and repairing the pier, as well as any boats or other equipment stored on the pier. The shared pier agreement should also address liability issues and insurance coverage.

Costs associated with the pier should also be addressed in the agreement. This includes the cost of maintenance and repairs, as well as any fees associated with the use of the pier. The agreement should clearly define how costs will be shared between parties.

A shared pier agreement can be a complex legal document, and it is important to consult with an attorney experienced in property law to ensure that the agreement is legally binding. It is also important to have a clear understanding of the terms of the agreement before signing it.

In conclusion, a shared pier agreement is an essential document for property owners who share a pier. It helps to avoid conflicts and disputes between neighbors and ensures that all parties are aware of their responsibilities and obligations. If you are considering sharing a pier with your neighbor, it is important to consult with an experienced attorney and have a shared pier agreement in place.